Singapore believes that upskilling needs to happy for “every generation,” Not just the young.
Speaking at CNBC’s Converge LiveSingapore Minister for Digital Development and Information Josephine Told CNBC’s Arjun Kharpal That While Singapore Has Pre-Employment Training in Schools and UNIVERSITES, The Country Akso Foxes Continuing Education for that who are in the workforce.
“If we think that what they left school with is going to last them their entry work “In their 40, 50, year active in the workforce, they might well have to Pivot Three, Four, Five, Six Times, Maybe even more.”
She explained that Singapore will support workers Above the age of 40 who want additional qualifications.
“We think not just of the younger generation. We think of every generation,” teo said.
The city-state has a program called the “Skillsfuture Mid-Career Training Allowance.
“So if you take two years for this program, that’s sg $ 72,000 for you to re-skill, retool and be ready for the future. That’s how we we are looking at it.”
This Scheme will also be available for workers who wish to take up courses on a part-time bases from early 2026.
(Tagstotranslate) Asia Economy (T) Singapore (T) Personnel (T) Labor Economy (T) Business News